Everything or Nothing: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Everything or Nothing
Largest movements
- Receivables within one year +€75,852
up €75,852 (+451.8%), from €16,789 to €92,641
of which Other amounts receivable: +€74,859
- Cash -€40,135
down €40,135 (-71.1%), from €56,461 to €16,326
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€75,852)
- Other debts +€100,000
up €100,000, from €0 to €100,000
- Reserves -€58,573
down €58,573 (-87.6%), from €66,895 to €8,322
- Tax, wage and social debts -€4,737
down €4,737 (-26.8%), from €17,663 to €12,926
of which Taxes: -€4,737
- Gross operating margin +€20,833
up €20,833 (+52.0%), from €40,050 to €60,883
- Taxes +€3,388
up €3,388 (+37.7%), from €8,980 to €12,368
- Depreciation +€2,255
up €2,255 (+83.9%), from €2,688 to €4,943
- Financial income +€1,114
up €1,114 (+3226.9%), from €35 to €1,148
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,673 | €123,859 | +€36,186 | +41.3% |
| Fixed assets | 21/28 | €12,860 | €13,288 | +€428 | +3.3% |
| Tangible fixed assets | 22/27 | €10,985 | €11,413 | +€428 | +3.9% |
| Plant, machinery and equipment | 23 | €7,427 | €9,188 | +€1,761 | +23.7% |
| Furniture and vehicles | 24 | €3,558 | €2,225 | -€1,333 | -37.5% |
| Financial fixed assets | 28 | €1,875 | €1,875 | = | 0.0% |
| Current assets | 29/58 | €74,813 | €110,571 | +€35,758 | +47.8% |
| Amounts receivable within one year | 40/41 | €16,789 | €92,641 | +€75,852 | +451.8% |
| Trade receivables | 40 | €14,400 | €15,393 | +€993 | +6.9% |
| Other amounts receivable | 41 | €2,389 | €77,248 | +€74,859 | +3133.1% |
| Cash at bank and in hand | 54/58 | €56,461 | €16,326 | -€40,135 | -71.1% |
| Deferred charges and accrued income | 490/1 | €1,563 | €1,604 | +€41 | +2.6% |
| Total equity and liabilities | 10/49 | €87,673 | €123,859 | +€36,186 | +41.3% |
| Equity | 10/15 | €67,895 | €9,322 | -€58,573 | -86.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €66,895 | €8,322 | -€58,573 | -87.6% |
| Distributable reserves | 133 | €66,895 | €8,322 | -€58,573 | -87.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,777 | €114,537 | +€94,760 | +479.1% |
| Amounts payable within one year | 42/48 | €19,188 | €114,168 | +€94,979 | +495.0% |
| Trade debts | 44 | €1,526 | €1,242 | -€284 | -18.6% |
| Suppliers | 440/4 | €1,526 | €1,242 | -€284 | -18.6% |
| Taxes, remuneration and social security | 45 | €17,663 | €12,926 | -€4,737 | -26.8% |
| Taxes | 450/3 | €14,733 | €9,996 | -€4,737 | -32.2% |
| Remuneration and social security | 454/9 | €2,929 | €2,929 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €589 | €369 | -€220 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,688 | €4,943 | +€2,255 | +83.9% |
| Other operating charges | 640/8 | €1,223 | €1,192 | -€31 | -2.5% |
| Non-recurring operating charges | 66A | - | €1,981 | +€1,981 | |
| Gross operating margin | 9900 | €40,050 | €60,883 | +€20,833 | +52.0% |
| Operating profit (loss) | 9901 | €36,139 | €52,767 | +€16,628 | +46.0% |
| Financial income | 75/76B | €35 | €1,148 | +€1,114 | +3226.9% |
| Recurring financial income | 75 | €35 | €1,148 | +€1,114 | +3226.9% |
| Financial charges | 65/66B | €76 | €121 | +€45 | +59.8% |
| Recurring financial charges | 65 | €76 | €121 | +€45 | +59.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €36,098 | €53,794 | +€17,696 | +49.0% |
| Income taxes | 67/77 | €8,980 | €12,368 | +€3,388 | +37.7% |
| Profit (loss) for the period | 9904 | €27,118 | €41,427 | +€14,309 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,118 | €41,427 | +€14,309 | +52.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.